Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
! n% Y* D* j" F1 G0 H# A& FBought another condo and rent it with $1300/month. Condo fee
7 h, {5 k5 H: c4 l  k; Dand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
* n4 U0 B3 I% j* e: W7 d% x2 KAlso bought a new luxury apartment in China last month with $150,000.
0 a2 @' G" f5 @2 S) y6 D0 DThat unit worths $160,000 this month.
! w$ {+ C) q0 X3 X0 k7 M2 o6 q- BDon't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
前者对,后者风险大些.

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为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
7 @, t/ l- p8 Y. JI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
$ R; \* c" [$ {7 }$ BWell, it is still the highest ever for my currency exchange history.